NYC Administrative Code

§ 25-460.3 — Downtown Flushing Transit Hub business improvement district; amendments to the district plan.

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What is NYC AC § 25-460.3?

Quick Answer

This section authorizes amendments to the Downtown Flushing Transit Hub business improvement district plan, allowing for additional and modified services, as well as changes in assessment methods. The city council must file the amended district plan with the city clerk. Applies to stakeholders within the Downtown Flushing Transit Hub business improvement district.

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§ 25-460.3 Downtown Flushing Transit Hub business improvement district; amendments to the district plan.

AC § 25-460.3

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize additional services and modify existing services for the Downtown Flushing Transit Hub business improvement district and to authorize a change in the method of assessment upon which the district charge in the Downtown Flushing Transit Hub business improvement district is based, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such changes, there are hereby authorized in the Downtown Flushing Transit Hub business improvement district such changes as set forth in the amended district plan of 2019 required to be filed with the city clerk pursuant to subdivision c of this section. b. The city council having determined, pursuant to subdivision c of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the maximum total amount to be expended for improvements in the district, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such change, there is hereby authorized in the Downtown Flushing Transit Hub business improvement district such change as set forth in the amended district plan of 2019 required to be filed with the city clerk pursuant to subdivision c of this section. c. Immediately upon adoption of this local law, the council shall file with the city clerk the amended district plan of 2019 setting forth the additional services and modification of services and containing the change in the method of assessment authorized by subdivision a of this section and the increase in the maximum total amount to be expended for improvements authorized by subdivision b of this section. (L.L. 2020/050, 5/23/2020, eff. upon compliance with section 25-408)

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